The UPS Store

Norfolk, VA (Norfolk City County)

Seller Financing Available
The UPS Store
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Asking Price: $395,000

Cash Flow: N/A

Gross Revenue: $462,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,426 /Month

Established: 2004

The UPS Store

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Business Description

Business, Postal & Communication Services

Formally known as a shipping company, The UPS Store has built a reputation as a complete business center that offers Print, Notary, Postal, Faxing, Shredding, Mailbox Rental, Shipping and more.
The UPS Store has been the #1 Business, Postal & Communications Services Franchise for over 28 years running and is currently listed as the #5 Best Franchise overall through Entrepreneurs Top 500 Franchise List. We are very proud of these awards and realize that our franchisees are the backbone of this business that drive its success.
Buyer will be required to be approved by the Franchisor prior to releasing any additional financial data.

Detailed Information

Location:
Norfolk, VA
Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
6/1/2022
Employees:
-3
Facilities:
This location is 1400 sqft and comes with all Furniture, Fixtures and Equipment need to successfully run the business. Everything in the center (excluding the copiers, which are leased) are an asset of the business and comes with the sale.
Competition:
With the continued efforts to stay relevant and ahead of all competition, we answer the call by diversifying our product and service options. Being the leader in the industry, most competitors have fallen by the wayside, however a couple still remain. In evaluating this business, the closest UPS Store is several miles from its current location. This is a prime location with several national brands nearby as will as being a mile away from Old Dominion University.
Growth & Expansion:
Nearly 55% of our store owners own multiple locations, however each started with one. The ability to expand your enterprise is always available and is encouraged to role model owners. We are also open to expanding the business offerings as long as the product or service falls under the umbrella of Business, Postal or Communication Services.
Financing:
For the right buyer, with the right amount down.
Support & Training:
We offer an initial comprehensive training that is roughly five weeks. It starts with a week of web-based training modules, followed by a week of in-store training experience at a local certified training center. Two weeks in San Diego at our University Business Course and finishing up with another week back at the local certified training center you started at. Conti
Reason for Selling:
Retirement and to pursue other interests
Franchise:
This business is an established franchise
Business Website:
http://www.theupsstorefranchise.com
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Business Listed By:
Vince Nagy

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